NMDC Group PJSC Stock Price

NMDC Group PJSC, together with subsidiaries, executes engineering, procurement, and construction contracts, and dredging contracts and related land reclamation works in the United Arab Emirates and internationally. The company operates through Dredging & Marine, and Energy segments. Its dredging activities include capital and maintenance dredging for ports, artificial island construction, beach construction, land reclamation, and intake and outfall dredging. The company is also involved in marine construction activities, which include construction of breakwaters, revetments, groyne, and related rock works; concrete armor protection; gravity quay walls erection; retaining and diaphragm walls; boat ramps and slipways; sheet and tubular steel piling works; and marinas and pontoons. In addition, it offers hydrographic, magnetometer, and geophysical survey services, as well as side scan sonar services; ground improvement and geotechnical solutions from concept to execution, which includes vibro compaction and replacement, surface compaction, geotechnical investigation, and coring and geophysical survey; and project logistics, marine logistics and offshore support, and towage and barge operation services. Further, the company manufactures and supplies precast concrete, and steel pipes and steel pipe fittings; and provides consultancy services in the fields of civil, architectural, drilling, and marine engineering, as well as related laboratory services. Additionally, it engages in offshore reclamation works; provision of services for fixing water installation for marine facilities and excavation contracts, as well as labor accommodation and lifting/loading services; renting heavy machinery, vehicles, ships, and equipment; and warehousing, water distribution, waste transport, and dry dock management services. The company was incorporated in 1973 and is headquartered in Abu Dhabi, the United Arab Emirates.